DraftKings says it will not make an offer to buy Entain
Oct 26 (Reuters) – U.S. betting company DraftKings Inc said on Tuesday it will not make a formal offer to buy British gambling firm Entain.
The U.S.-based company had put forward a $22.4 billion buyout proposal for Entain last month. (Reporting by Sachin Ravikumar in Bengaluru; Editing by Shounak Dasgupta)
(c) Copyright Thomson Reuters 2021. Click For Restrictions – https://agency.reuters.com/en/copyright.html